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Sep 9, 2012
09/12
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CSPAN
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two out of three times, they will lose the president of the united states. a woman who is running the house and senate and it will have more clarity on the fiscal cliff and they will have just heard the opinion of the american people about how interventionist a water policy officials to be so they can make a more informed decisions about their balance sheet. to deal with the pressing problem -- the unemployment rate, and acceptable downside risks to inflation, but that is holding the bridge until december. >> one of the things was that the defense of the idea that quantitative easing really works. my personal sense had been it worked the first time and less the second time and this diminishing curve -- do they seem to be deemphasizing that? >> i think it has always been clear that the first-round of quantitative easing that came in 2009 was going to be more effective than if you get under more normal times. going back to 2010, he made that point. i don't think this notion that it has been less effective and more recent times that it was in the first round is
two out of three times, they will lose the president of the united states. a woman who is running the house and senate and it will have more clarity on the fiscal cliff and they will have just heard the opinion of the american people about how interventionist a water policy officials to be so they can make a more informed decisions about their balance sheet. to deal with the pressing problem -- the unemployment rate, and acceptable downside risks to inflation, but that is holding the bridge...
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Sep 16, 2012
09/12
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WBAL
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another ratings agency issued a warning to the united states. moody's says if congressional negotiations fail to stabilize america's budget, moody's will lower the debt rating. mark zuckerberg maez made his first appearance at a technology conference. he said facebook was focusing on mobile. the stock price was disappointing, he said. facebook has half of the ipo price. >>> apple introduced iphone 5. it is faster, lighter, thinner and has a small ir dock connector called the lightning rod which is not compatible with earlier phones. apple stocks hit highs after the announcement. >>> a major move by the fed but what does it mean for your money? who better to answer these questions than pimco officer bill gross. he runs the total return fund. thank you for your time. >> thank you, marie. >> so much to talk about. let me begin with the fed action. $40,000 billion of securities a month to help boost the economy. could the fed have done more? was this throwing everything at the economy in your view? >> i think this is the most significant step since
another ratings agency issued a warning to the united states. moody's says if congressional negotiations fail to stabilize america's budget, moody's will lower the debt rating. mark zuckerberg maez made his first appearance at a technology conference. he said facebook was focusing on mobile. the stock price was disappointing, he said. facebook has half of the ipo price. >>> apple introduced iphone 5. it is faster, lighter, thinner and has a small ir dock connector called the lightning...
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Sep 15, 2012
09/12
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FBC
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the reason they're doing this basically is to put pressure on the united states to actually confirm the withdrawal from the region. that is the political call. the city itself, it is insulting the level of religion but do you know how many videos are there and how many have been crucified before but no demonstrations? this is more strategical on the jihad network and the push against. gerri: in that video has been out for weeks and nobody has said anything. danielle, want to get you to something that the president said earlier today about this video and how they are responding. >> this is a fairly volatile situation in response not to the united states policies, not obviously to the administration, not the american people, in response to a video. gerri: true or not true? >> that is really a disgraceful statement on a white house spokesman and i don't understand where it is coming from. there have been ample reports these attacks were planned days before. the video has been out since july. even more, why he would justify the idea and video is an excuse for mobs to attack on u.s. soil and
the reason they're doing this basically is to put pressure on the united states to actually confirm the withdrawal from the region. that is the political call. the city itself, it is insulting the level of religion but do you know how many videos are there and how many have been crucified before but no demonstrations? this is more strategical on the jihad network and the push against. gerri: in that video has been out for weeks and nobody has said anything. danielle, want to get you to...
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Sep 1, 2012
09/12
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KQED
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. >> ok.do you see any of these bs characters isic -- characteristics in the united states. particularly with the u.s. bond market. >> i don't see any there.to thes are valued highly is because people have a lot of fear. they worry about inflation long term. people are snake bitten by the volatility that we have been through. they are looking for places to park cash. >> is there a normally highturns right now? and i'm a fleyed -- afraid that the answer is they are not. >> they tell us gold ask isshow >> tom: the researchers did tell us they think gold is showing some signs characteristic of a price bubble. >> susie: today was clean up day for communities along louisiana's gulf coast, after days of strong winds and heavy rain, residents and businesses began the process of getting things back to normal after hurricane isaac. early estimates on the cost of the storm are running at $2 billion according to calculations by the firm air worldwide. the company says the numbers could go higher because of heavier than expected rain and flooding from that category one hurricane. presid
. >> ok.do you see any of these bs characters isic -- characteristics in the united states. particularly with the u.s. bond market. >> i don't see any there.to thes are valued highly is because people have a lot of fear. they worry about inflation long term. people are snake bitten by the volatility that we have been through. they are looking for places to park cash. >> is there a normally highturns right now? and i'm a fleyed -- afraid that the answer is they are not....
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Sep 13, 2012
09/12
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CNBC
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states. >> yeah, i agree with you on that, bill, but i just want to make a point that i've heard a lot of politicians talk about unemployment. i've not heard any single person talk in a more impassioned way. you can agree or disagree with his prescription, but as far as i can tell, he's the only one in the political establishment doing anything about it. so i think that's an important thing. and that's one of the reasons why, you know, he feels -- he's pointing out that fed policy is not a panacea. he needs help from the fiscal side. >> how come we're not getting it, steve? is it just because washington is so broken? >> i think it's so broken, and i think no side is willing to give the other side any advantage whatsoever until the election clarifies. >> i think that's outrageous. i think that's outrageous, really. i do. >> but it's the reality we face right now. lance roberts, what strikes you about -- i mean, are you hopeful that the economy can get better as ben bernanke suggests, or are you more concerned about what the implications are for this kitchen sink monetary policy we're ge
states. >> yeah, i agree with you on that, bill, but i just want to make a point that i've heard a lot of politicians talk about unemployment. i've not heard any single person talk in a more impassioned way. you can agree or disagree with his prescription, but as far as i can tell, he's the only one in the political establishment doing anything about it. so i think that's an important thing. and that's one of the reasons why, you know, he feels -- he's pointing out that fed policy is not...
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Sep 7, 2012
09/12
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KQED
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most boats are going for the united states. stuffed with up to a ton of narcotics. hear, a crew tries to dump the evidence. securing those drugs is a key concern for cuba and i was given access to see how the guards operate. the boats we went out on have been confiscated from traffickers. this was a training drill put the troops are under orders to keep genuine drugs off the shores. >> if they cannot catch the smugglers, they chased them out of these waters. cuba passes on real time data to the u.s. to pick up the pursuit. it is reared team work for two old enemies. >> the drugs have been found and secured. the priority is making sure that real drugs do not make it onto the domestic market but cuba is so close to america that this policy makes it into a major obstacle for traffickers. a heavily policed to society, it is no surprise -- low supply means that marijuana can cost up to zero because wage. but some still see potential. >> we have noted that he high price of drugs has stimulated attempts to bring narcotics into cuba. there has been an increase in these oper
most boats are going for the united states. stuffed with up to a ton of narcotics. hear, a crew tries to dump the evidence. securing those drugs is a key concern for cuba and i was given access to see how the guards operate. the boats we went out on have been confiscated from traffickers. this was a training drill put the troops are under orders to keep genuine drugs off the shores. >> if they cannot catch the smugglers, they chased them out of these waters. cuba passes on real time data...
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Sep 13, 2012
09/12
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FBC
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no act of violence shakes the result of the united states of america. >> administration officials say they are there to contain protests and violence in yemen, egypt and around the region. back to you. liz: and dropped us if is any more news. that is the latest picture. this affects the markets and some way shape or form. it is being completely overwhelmed. this will continue as long as the federal reserve sees weakness. back here live at hewlett-packard headquarters in a fox business exclusive. a lot if you own this stock. coming up, the transformation of a company that has been under fire for several years now. we have the products over our shoulders here and the woman in charge who stepped up to the plate and said i am the one who believes i can really turn this company around. right here exclusively from the headquarters of hewlett-packard. ♪ everyone has goals. take the steps to reach yours, with us with real advice, for real goals. the us bank wealth management advisor can help you. every step of the way. from big steps, to little steps. since 1863 we've helped guide our clien
no act of violence shakes the result of the united states of america. >> administration officials say they are there to contain protests and violence in yemen, egypt and around the region. back to you. liz: and dropped us if is any more news. that is the latest picture. this affects the markets and some way shape or form. it is being completely overwhelmed. this will continue as long as the federal reserve sees weakness. back here live at hewlett-packard headquarters in a fox business...
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states was you know on the gold standard and so on a paper standard during the civil war you know mainly paper money systems come about when when you know the state needs money and that historically we used it was a time of war so during the civil war america was off gold and there we turned an eight hundred seventy nine to gold standard the money supply after they did that the money supply contracted for use in america interesting the american economy still group now i'm not quite sure given our consumer culture today that would be repeatable today i have my doubts so i think it would be much tougher to do this today but it has been done has been done in britain in one thousand twenty one now i know people will say this has been one hundred two hundred years ago it doesn't apply to all modern society i do believe it will be much harder to go back to some form of hard and stable money today it will be much tougher and today politics are such that nobody wants to do it now not on my watch that's the number one principle of politics these days around the time around the time but thanks so
states was you know on the gold standard and so on a paper standard during the civil war you know mainly paper money systems come about when when you know the state needs money and that historically we used it was a time of war so during the civil war america was off gold and there we turned an eight hundred seventy nine to gold standard the money supply after they did that the money supply contracted for use in america interesting the american economy still group now i'm not quite sure given...
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Sep 16, 2012
09/12
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FBC
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we've had innovation in the united states for years. think in my lifetime you had polaroid which started, had a success, and died. it happens all the time. if we don't have innovation, we won't have anything. apple is just one. there is a loft fanfare about it. look in the medical products area. there are thousands of inventions coming on constantly, new medicines, things like that. it's good for the economy. all of this is good for the economy. it's not just apple. god love them, let them be successful. i want everybody to be successful. >> cheryl: john, last word? >> wayne is right. numbers don't work on this. $700 billion because of one product, apple does $149 billion total right now. to tracy's point, helicopter bin, it helps if we have cyclical unemployment. we have structural unemployment. so anything like apple that comes out, the key is if you're an entrepreneur, don't copy. create. that's what apple does. >> cheryl: guys, great discussion. thank you, sally, for joining us, good to see you. >> always a pleasure. >> cheryl: comi
we've had innovation in the united states for years. think in my lifetime you had polaroid which started, had a success, and died. it happens all the time. if we don't have innovation, we won't have anything. apple is just one. there is a loft fanfare about it. look in the medical products area. there are thousands of inventions coming on constantly, new medicines, things like that. it's good for the economy. all of this is good for the economy. it's not just apple. god love them, let them be...
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Sep 7, 2012
09/12
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CNBC
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we have a fiscal and monetary problem here in the united states. what will solve the problem right now? so far the fed doesn't seem to be able to create so many jobs right now. >> what bernanke said last week and i agree with him and the evidence points in this direction is the main reason we have an 9.1% unemployment is because of weak demand. if you're thinking about monetary or fiscal policy, on the fiscal side, it comes from tax cutting, spending increases, or both, and we have to worry about that. on the monetary side, what monetary authorities can do is reduce interest rates and try to reduce rates across a broad set of assets through qe policies. the fiscal and monetary side are trying to stimulate demand, and demand is missing to great stronger momentum. >> they're pushing on a string, rant they? >> the fed has the capability to act right now, and i think always, you know, again chairman ber knack key admitted that this policy tool is not a particularly strong tool. >> ben bernanke said that he creating two million jobs. they did analysis a
we have a fiscal and monetary problem here in the united states. what will solve the problem right now? so far the fed doesn't seem to be able to create so many jobs right now. >> what bernanke said last week and i agree with him and the evidence points in this direction is the main reason we have an 9.1% unemployment is because of weak demand. if you're thinking about monetary or fiscal policy, on the fiscal side, it comes from tax cutting, spending increases, or both, and we have to...
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states government and its ability to tax you know the. the reason that it's worth something is also because it does you know this is legal tender it's not like i could go up and print up a bunch of harrisons and put them out there so you're saying that the u.s. government's ability to code worth is what's backing that twenty dollar bill one hundred percent and so as a result of that they've coerced and you know everyone has to use this money this is the only legal tender and we can tax you and will be able to back the money and give the money actual you know currency because you have to pay off your tax obligation you can only pay it off if you pay it off in the currency the government has created the government has no restrictions this is the problem that people don't understand is the government the reason that we try to put all these restrictions on them we we act as if they actually are real is because we understand people really understand the system that the government could just go out and just buy in for night and they could do an
states government and its ability to tax you know the. the reason that it's worth something is also because it does you know this is legal tender it's not like i could go up and print up a bunch of harrisons and put them out there so you're saying that the u.s. government's ability to code worth is what's backing that twenty dollar bill one hundred percent and so as a result of that they've coerced and you know everyone has to use this money this is the only legal tender and we can tax you and...
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Sep 4, 2012
09/12
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CNBC
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china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single handedly kept the global economy afloat during the global recession. but after playing the roe of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, the slowdown in china seems somewhat self-inflicted. governments hit the brakes and in many ways still seems like it's happening. the hope is the chinese will start cutting rates, adding real octane to the down shift in their economy. how about europe? the european central bank meeting this week and we're expecting to hear some chatter in unison that's going to ereverse the declining economies over there and maybe unite to save the spanish banking system. you can monitor these efforts by watching the largest spanish bank which has been climbing ever since it bottomed at $4 and change. $7 stock finishing up 0.18
china, europe, and the united states. look, we know that china used to be one of the world's great growth engines. it almost single handedly kept the global economy afloat during the global recession. but after playing the roe of the world's economic engine for so long, the chinese locomotive seems to be in danger of running off the rails. each piece of data is weaker than the last. so what's good about that? well, the slowdown in china seems somewhat self-inflicted. governments hit the brakes...
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especially in the united states in other countries lace and. i still think that over time the price of gold will go up maybe not quite as of march in percentage terms as in the years ninety ninety eight to last year's high one thousand nine hundred twenty one dollars last september but i think the trend will be up there will be fluctuations in a bull market for an asset class say the market in stocks nine hundred eighty to two thousand and seven in eighty seven stocks fell forty fifty percent and then they went up another eight times so we can have big corrections in all markets and that could also happen to gold i happen to think that probably the correction which began a year ago and found the low december twenty ninth two thousand and eleven has ended and that we are now trending higher but i'd like to see a correction of gold prices down to around sixteen fifty rounds and then it should hold around that level and not to move lower that would give me more confidence that now the next leg of the bull market has gotten on the way because don't
especially in the united states in other countries lace and. i still think that over time the price of gold will go up maybe not quite as of march in percentage terms as in the years ninety ninety eight to last year's high one thousand nine hundred twenty one dollars last september but i think the trend will be up there will be fluctuations in a bull market for an asset class say the market in stocks nine hundred eighty to two thousand and seven in eighty seven stocks fell forty fifty percent...
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422
Sep 14, 2012
09/12
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CNBC
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eye 422
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states goes over the fiscal cliff. they have to engage in sequestration, or massive budget cuts. by the numbers, here's what in the proposal they put out today starting with a 9% cut to most pentagon programs. customs, the faa, and food inspection services. exempt from the cutbacks are social security, medicaid and also many veterans benefits. earlier today, white house spokesman jay carney said that the white house hopes it never has to put this plan into place. take a listen. >> sequester was designed to be bad policy,n n tn to to be one and to be objectionable to both republicans and democrats. >> now, maria, what the white house is saying also, senior officials here in a briefing earlier today they hope now that some of these painful cuts are laid out, this could help marshal support from republicans to do something about the fiscal cliff before it hits at the end of this year. obviously, there's a big election between now and then. >> oh, yeah. thank you so much. worries those budget woes and tax hikes could come
states goes over the fiscal cliff. they have to engage in sequestration, or massive budget cuts. by the numbers, here's what in the proposal they put out today starting with a 9% cut to most pentagon programs. customs, the faa, and food inspection services. exempt from the cutbacks are social security, medicaid and also many veterans benefits. earlier today, white house spokesman jay carney said that the white house hopes it never has to put this plan into place. take a listen. >>...
WHUT (Howard University Television)
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Sep 13, 2012
09/12
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WHUT
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, that the bond diplomatically between libya and the united states will not change because of the actions of a few that have taken place that claimed the lives of one of their officials. but they have been a very clear that they are essentially hunting down whoever was responsible for the attack on the u.s. consulate in benghazi. they said that they would be working closely with the libyans. there are two american destroyers with in the vicinity of the libyan waters. american officials have described this as a precautionary measure. we will wait to see how olympians see it. -- how the libyans see it. we don't know if it will go down too well in benghazi as a matter of public opinion, but we will have to wait and see. >> voters in the netherlands have rejected the fringe parties and have given the vote to centrist parties. prime minister mark rutte says he will work to build a new coalition government. >> this is the man likely to lead the next coalition. the liberal leader is known as the teflon prime minister for his ability to emerge unscathed through times of crisis. today he is celebr
, that the bond diplomatically between libya and the united states will not change because of the actions of a few that have taken place that claimed the lives of one of their officials. but they have been a very clear that they are essentially hunting down whoever was responsible for the attack on the u.s. consulate in benghazi. they said that they would be working closely with the libyans. there are two american destroyers with in the vicinity of the libyan waters. american officials have...
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Sep 15, 2012
09/12
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FOXNEWS
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while the the president of the united states says none of this is my fault. we saw the photo of ben bernanke with the american flag and why don't we put him in the oval office and get the guy who is there out. because the guy with the federal reserve seems to be running the country. >> paul: bernanke seemed pained at the press conference seemed to say, the economy needs the help. i give bernanke the benefit of the doubt on the political motivation, but there's no question that this is a tacit admission that everything they've done for four years hasn't helped, and the economy still stinks. >> i felt a little sorry for him. what he said is no panacea, and it almost seems like he was apologizing and saying, look, i'm cornered. there's nothing else i can do because washington won't do it. >> paul: so we're going to try this. one more break and when we come back, hits and misses of the the week. but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature nightmare. oh, thank you. but, with e cap
while the the president of the united states says none of this is my fault. we saw the photo of ben bernanke with the american flag and why don't we put him in the oval office and get the guy who is there out. because the guy with the federal reserve seems to be running the country. >> paul: bernanke seemed pained at the press conference seemed to say, the economy needs the help. i give bernanke the benefit of the doubt on the political motivation, but there's no question that this is a...
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Sep 15, 2012
09/12
by
FBC
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everyone knows he is a good debater and he is the sitting president of the united states. i definitely think that because in as an underdog. neil: you and for study michele obama, critics of both say each of you gave better speeches and your husband. what do you think of that? >> well, i don't know if i agree. i think my husband's was terrific. it was different. i mean, we obviously are talking about different things. you want to have more fun and more interesting, you might listen to the women speak because we have an opportunity to talk about family and personal things. if you have to listen to policy which is obviously not as entertaining, you would certainly think that in both cases. neil: do you get a sense in this race, mrs. romney, it always comes down to they have it made. now, in your convention speech you mentioned, it was not always that way. a lot of people have seized on your remarks. meet the press were you said, we have not had a financial struggle in our lives as if you didn't have a struggle. what you said in your speech about, you know, everything else th
everyone knows he is a good debater and he is the sitting president of the united states. i definitely think that because in as an underdog. neil: you and for study michele obama, critics of both say each of you gave better speeches and your husband. what do you think of that? >> well, i don't know if i agree. i think my husband's was terrific. it was different. i mean, we obviously are talking about different things. you want to have more fun and more interesting, you might listen to the...
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Sep 16, 2012
09/12
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CNNW
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but something odd in the united states. we build infrastructure in that country in a more socialist fashion than any other part of the world. >> government builds it. >> government build it, they own it. in other countries, they will build highways, and think about the way airports work now. that's the only place we have a public private ownership. we lease out a lot of it to private operators. we say to them, you pay us something back, we make money, we both win. that's the best way to do it so the government doesn't have to put up that whole trillion dollars. they would probably only have to put up a tenth of it. with money so cheap now, you could borrow essentially at no interest rate. this is the time to do it, and this is also the time to do repairs. >> fareed, thank you for coming. good to see you, as always. >> a pleasure. >>> i'm going to put a price tag on the suggestion that fareed just made. youratching "your money" on cnn. we took the best of the old and combined it with modern technology. together you get quali
but something odd in the united states. we build infrastructure in that country in a more socialist fashion than any other part of the world. >> government builds it. >> government build it, they own it. in other countries, they will build highways, and think about the way airports work now. that's the only place we have a public private ownership. we lease out a lot of it to private operators. we say to them, you pay us something back, we make money, we both win. that's the best...
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170
Sep 27, 2012
09/12
by
CNBC
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for 30 some years at manytendet different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy
for 30 some years at manytendet different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. [ horn honks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that...
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Sep 13, 2012
09/12
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CNBC
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the united states has enjoyed broad price stability since the mid 1990s and continues to do so today. the employment situation, however, remains a grave concern. while the economy appears to be at a path of moderate recovery, it isn't growing fast enough to make significant progress reducing the unemployment rate. fewer than half of the 8 million jobs lost in the recession have been restored and at 8.1%, the unemployment rate is nearly unchanged since the beginning of the year and is well above normal levels. the weak job market should concern every american. high unemployment imposes hardship on millions of people and it entails a tremendous waste of human skills and talents. 5 million americans have been unemployed for more than six months and millions more have left the labor force. many of them doubtless because they've given up on finding suitable work. as the skills of the long term unemployed at atrophy, they may find it increasing by difficult to get good jobs, also to the detriment of our nation's production pro tensiotential. the fomc has provided unprecedented levels of pol
the united states has enjoyed broad price stability since the mid 1990s and continues to do so today. the employment situation, however, remains a grave concern. while the economy appears to be at a path of moderate recovery, it isn't growing fast enough to make significant progress reducing the unemployment rate. fewer than half of the 8 million jobs lost in the recession have been restored and at 8.1%, the unemployment rate is nearly unchanged since the beginning of the year and is well above...
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252
Sep 14, 2012
09/12
by
FBC
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look back at united states. we're trying to create jobs here. the federal reserve the whole point of qe3 is to create jobs but they're facing massive secular changes. david: in fairness to bernanke, he says you need fiscal policies in order to create growth in the united states as well. that doesn't include raising taxes. if anything you lower tax rates. >> i think like a tug-of-war. they're doing all the qe trying to create jobs. over here you have technology. you announced last couple days, best buy. best buy and amazon. amazon is crushing best buy. costing them jobs. technology is costing us jobs. ipad itself, think what the independednt pad is doing to the computer industry. we used to have a two computers. now we have computer andist pad. jobs are being wipe out by technology. look at secular changes in the mortgage markets. they're lowing rates. i talk about my book. david: that is third plug for the book, go ahead. >> the mortgage market is brown. securitization market they should be focused on fixing that. is the blood in the veins and c
look back at united states. we're trying to create jobs here. the federal reserve the whole point of qe3 is to create jobs but they're facing massive secular changes. david: in fairness to bernanke, he says you need fiscal policies in order to create growth in the united states as well. that doesn't include raising taxes. if anything you lower tax rates. >> i think like a tug-of-war. they're doing all the qe trying to create jobs. over here you have technology. you announced last couple...